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Turkey raises euro rate for medicine prices by 36.77% -Official…

ISTANBUL, Lawyer Turkey Dec 14 (Reuters) – Turkey raised the euro-lira conversion rate for medicine prices by 36.77%, Lawyer Turkey the country’s Official Gazette said on Wednesday.

“First step for solution of medicine shortage in the market was taken… The price update which was supposed to happen in February was brought forward,” Health Minister Fahrettin Koca said on Twitter.

Manufacturers and importers have said they are experiencing losses as the conversion rate is set well below the market rate and requested an adjustment to the pricing.

According to a Reuters calculation, the new rate would be around 10.8 lira per euro, Lawyer Turkey still well below the market rate for the euro, which was 19. If you loved this article and you simply would like to obtain more info concerning Lawyer Turkey nicely visit our own web-site. 8036 at 0524 GMT.(Reporting by Mehmet Dinar and Lawyer Turkey Ezgi Erkoyun; Editing by Christian Schmollinger)

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